The anti-exploitation program will now include training for employees of banks and credit unions
SEAC advises OSC staff on policy and operational issues concerning older investors
As regulators increase their focus on elderly clients, financial services firms of all descriptions are working diligently to provide products, services and staff training suited to help advisors take care of the needs of their aging clients
Here are some of the steps advisors and dealers need to take to ensure they meet the new stringent requirements that are in place
Senior clients may be vulnerable to exploitation by family members, friends and strangers. While investment industry groups are finding ways to identify and prevent financial abuse of elders, you can do your part to help protect your clients
Legislation will allow firms to disclose cases of potential senior financial exploitation without the fear of legal ramifications
The checklists on cognitive decline and financial exploitation will help advisors prepare for the challenges of working with aging investors
The committee is expected to provide input on securities policy and operational developments that affect senior investors
Guidance says dealers and reps have an important role in preventing financial exploitation
Medical professionals in New York state will be educated to recognize if their elderly patients are victims of fraud — and how to report it